THE CHALLENGE

• A specialist UK broadcasting media company required a standing valuer to provide annual RICS Red Book compliant valuations across its UK property portfolio to support its financial reporting obligations.
• The portfolio comprised a significant Central London-weighted portfolio, including their headquarters. The instruction demanded consistent methodology and continuity of approach across successive annual cycles, with valuations required to fixed deadlines to support the media company's audit and financial reporting timetable.

THE SOLUTION

• LSH was appointed as standing valuer and deployed a dedicated team of 5 RICS registered valuers under the leadership of Jen Dunn, ensuring methodological consistency and continuity across each annual cycle. Valuations were prepared on a Red Book Market Value basis, with draft and final reports delivered within agreed timescales. 

THE RESULTS

• LSH has successfully delivered annual valuations to fixed reporting deadlines across successive cycles, providing the media company with a reliable, consistent and auditable valuation dataset to underpin its financial statements.